Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Theory of Credit Contracts: With a Focus on Group Lending

The Theory of Credit Contracts: With a Focus on Group Lending

Prem, Christian

Paperback

Business GeneralInvesting & FinanceGeneral Mathematics

ISBN10: 3658293616
ISBN13: 9783658293611
Publisher: Springer Gabler
Published: Feb 9 2020
Pages: 281
Weight: 0.87
Height: 0.67 Width: 5.83 Depth: 8.27
Language: English
In this book Christian Prem features new innovations on several levels. On a conceptual level he presents a complete restructuring and modularisation of the field of lending theory. On a formal level he bestows great care on providing precise definitions and promotes notational standardisation. On a technical level the development of an algorithm to solve repayment games automatically is thoroughly documented. Eventually, new theoretic results on the performance of various credit schemes are established, the quality of existing lending schemes is scrutinised and new more efficient mechanisms are presented. The content therefore inspires theorists as well as it provides well-grounded advice to practitioners in the lending industry. Altogether this thesis is a major step towards improving the quality and applicability of lending theory.

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